describe the different sensory systems and how the brain processes sensory information? Give at least one example of parallel processing of a particular stimulus (eg, an object, person, etc) and describe parallel processing in action (what’s happening in the brain? Consider all aspects of sensory processing)
Consider a sales associate who is working for a clothing retailer. For each unit of effort
e, the sales associate sells q = 10e + ? shirts, where ? is a normally distributed random
variable with mean 0 and variance, 2 = 3. The associate’s cost of effort is c(e) = e2
2 ,
her outside option is C = 5.
The clothing firm that has employed the associate is risk-neutral. Suppose that the firm
offers the associate piece rate of the form w = r + a · q, where r is the base salary and a
is a commission rate (0 ? a ? 1).
a) Consider the case of symmetric information, where the firm can observe the associate’s effort.
i) Set up the function E( ¯w) describing the associate’s expected payoff. Here, w¯
denotes the wage net of effort cost.
ii) The sales associate is risk-averse. Her utility can be described by ua( ¯w) =
ew¯ = exp(w¯) with coefficient of absolute risk aversion = 2. This
means that the risk premium R that compensates her for the riskiness in her
payments is given by R =
2 a22. Set up the function C( ¯w) describing the
certainty equivalent of the associate’s payof
Attachments:
Design a plant to manufacture 10000000kg/year of Methyl Ethyl Ketone (MEK) from Butul Alcohol
Elaborate in 2200 words a Portfolio Management Implementation Report which includes:
– Describe the current organisational structure, to explain the project management maturity, and the changes that may need to be addressed in PPM implementation.
– Explain, what project management principles, models, methods are currently utilized to ensure they meet organizational objectives.
– What are the specific perceived needs for implementing PPM. For example, are there more projects required than resources? Is there sharing of resources needed? Is there any evidence of past project failures? We really need to understand the organisations appetite for risk and tolerance to change, understanding and explaining this will become crucial to determine the PPM implementation change management strategy.
– You must include how will PPM be beneficial to sustainability.
– Define and describe what type of improved project portfolio management model would you propose for the organisation and why?
– Explain the Situational Context: Is the organisation investing in the right projects? Is the organisation optimising its capacity? How well is the organisation executing? Can the organisation absorb all the changes? Is the organisation realising the promised benefits?
– Portfolio Evaluation: What method is the organisation using to evaluate its overall project portfolio. What is the justification of using the chosen method in comparison to some of the others that are available? Are there any challenges that the organisation might face in using the current method if it were to operate in a global environment? Is the benefits management lifecycle incorporated in the evaluation process? How might benefits management be helpful in successfully meeting the deliverable goals of the organisation’s projects?
– Portfolio Management: How is project portfolio management ensuring that the organisation’s collective projects are aligning with its strategic objectives? Has a Project Management Office been introduced into the organisation and, if so, has it played a role in terms of standardising practices and increasing project success rates? If not, why not? What alternative approaches are available? What quantitative and qualitative tools and techniques is the organisation currently using to manage its project portfolio and are they effective?
– Maturity Levels: At what maturity level do you believe the organisation is at in terms of its approach to project portfolio management? What are the key best practices which can be adopted to improve the maturity level and which model (e.g. PRINCE2, OPM3) do you think would be appropriate? How might you go about implementing this change and what assistance from the organisation would you require?
– Corporate Culture: Assess the corporate culture of the organisation and whether it is likely to be different in terms of key internal stakeholder influence and input (e.g. HR Director, Technology Manager, Facilities Manager, Accountant). Will any change management initiative in terms of project portfolio management process improvement and benefits realisation need to consider the different perspectives of these stakeholders and what concerns might each stakeholder express? What aspects of the corporate culture do you think would support project portfolio management and its sustainability criteria? Are there any challenges involved in getting project portfolio management and its sustainability criteria embraced by the organisation?
Attachments:
Sub-limitation of small iodine spheres in still air. A sphere of iodine, 1 cm in diameter, is placed in still air at 40°C and 747 mm Hg pressure. At this temperature the vapor pressure of iodine is about 1.03 mm Hg. We want to determine the diffusivity of the iodine-air system by measuring the sublimation rate. To help determine reasonable experimental conditions,
How Drinks brand Mirinda (part of PepsiCo) helped achieve behavioural change by starting a debate and drawing consumer attention to the issue of exam pressure experienced by Indian teenagers
(10 marks) The research question and goals of the paper. • Why is the research question important or relevant (to economics or policy making)? • What were the main views about this question in the literature before this study? • How is the selected paper different from the previously existing literature? (5 marks) The data being used. • Where did the authors source the data? • Why are these data appropriate for answering the research question? • Has any data cleaning been applied? • Provide some relevant summary statistics. (20 marks) The empirical model and methodology. • Which theoretical models (if any) related to the research question are being used? • State the empirical models used in the paper. • Which estimation methods are being used? • Do you think the econometric assumptions are reasonable or realistic? (15 marks) The main results. • Provide tables of the most important estimation results. • How are these estimates interpreted? • How do these results answer the research question? • Have any robustness checks of the model specification been undertaken?
ACCG224: Intermediate Financial Accounting- Case Study- Report Writing Assignment
Case Study:
As a new accounting graduate, you have just joined the financial reporting unit of a listed company* when your manager, the Chief Financial Officer (CFO), approaches you with your first task.
In their last meeting, the Board of Directors of your company discussed the importance of ensuring that their financial reports meet the objective of general purpose financial reporting and qualitative characteristics of useful financial information as outlined in the IASB September 2010 ‘Conceptual Framework for Financial Reporting’ (CF). Board members are concerned about the company’s reputational standing in the market relating to deviations from these objective and qualitative characteristics, specifically in the area of Property, Plant and Equipment (PPE).
Therefore, the Board decided to have a review of the relevant disclosures in the company’s latest annual report pertaining to PPE and whether these disclosures are aligned with the CF’s objective and qualitative characteristics.
Required:
Based on the Board’s decision, the CFO asks you to draft a business research report addressed to the Board of Directors on the following:
a. Explain in your own words the objective of general purpose financial reporting and the qualitative characteristics of useful financial information according to The Conceptual Framework for Financial Reporting (covering OB1-OB21 and QC1- QC39)
b. Critically analyse to what extent the latest annual report of your company meets the disclosure requirements for PPE as per AASB 116.
c. Based on your findings in part b, critically analyse to what extent the disclosures on PPE satisfy the fundamental and at least one of the enhancing qualitative characteristics of useful financial information.
d. Based on your findings in part c, critically discuss to what extent the disclosures on PPE align with the objective of general purpose financial reporting and, as a conclusion, recommend actions for improvement (10 marks).
You will work with your team and leverage the data provided by Pixystems (see the Data Overview
above for a high-level explanation of data provided) and information obtained from the CFO to
identify areas for financial and operational improvement, address issues and errors found in
processing or data, and confirm the information that the CFO shared with your team. To do this your
group must create analytics that will assess the validity of data and provide the insight the CFO is
looking for.
You will meet again with the CFO on 13 Oct 2019 to deliver your results. She is expecting that you
have a Tableau visualization representing the analytical procedures you performed and assumptions
you made. You will have 10 mins minutes to present this visualization, assumptions made, and
recommendations. Each member of your group must have an active speaking role within the
presentation.
You will also prepare a final report outlining the following:
? Results of the analytics you performed along with your rational for performing and
assumptions made
? Insight that the analytics provided management
? Explanation of any analytics you decided not to perform
? Recommendations your team has for improving Pixystems’ processes
? Overview of any other issues that Pixystems should follow-up on
? Recommendations on system controls that could be put in place
? Any other data you would like to have obtained from Pixystems
Attachments:
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Problem-Set-3….pdf
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